In our paper The Risk Homeostasis Theory1, it was accepted that the behaviour of people involved in the operation of cargo carrying ships is conditioned to maximize the economic benefits of the amount of risk assumed in the transport. As a follow-up to that paper, the objective of this one is to investigate the relationship between the level of compliance of the cargo carrying vessels with international standards and the degree of severity of the incidents they are involved in. For this purpose, we analyse the same sample of 2,584 cargo carrying ships involved in incidents during 2005 and 2006 used in that investigation. The variables of the Paris MoU to identify substandard ships are used again to measure the standard level of ships and the degree of seriousness of incidents is determined by the number of days ships are under repair.

The roll motion of a ship on waves is one of the six degrees of freedom and is the most difficult to predict since it deals with a motion similar to a spring-mass damper system, poorly damped by ship generated waves, in addition to the action of waves from the high seas. This problem increased from the second half of the 19^th century when sailing propulsion was replaced by steam machines and iron replaced wood, which led to design modifications in ships affecting transversal stability, with the result of an increment in the ship's roll motion. As a consequence, it has been necessary to develop different systems which, on the one hand, increase the natural period of this motion in order to decrease its amplitude and reduce the risks that the wave encounter frequency would resonate with the natural frequency of the ship's motion; and on the other hand, to generate a damping effect to this motion. Bilge keels, passive stabilisers with no moving parts, form the simplest and cheapest element that may be incorporated on a ship to reduce this motion. This paper studies roll motion in general and then analyses bilge keels from different points of view.

Evidence for the existence of risk compensation behaviour in the operation of vessels is shown in the paper The Risk Homeostasis Theory (Baniela and Ríos, 2010). In that analysis, it is concluded that the people engaged in the commercial affairs of ships tend to exchange the level of safety standard of vessels for a more profitable and riskier activity, which makes the rate of shipping accidents fluctuate within certain limits. Since the different levels of power and motivation of those involved in the risk-taking process were not considered in that research, it is the aim of this paper to analyse, on the one hand, how the pressure of the shipping market influences the risk behaviour of shipping business decision-makers and to show, on the other hand, how this influence makes them alter their target level of risk and introduce risks related to low operating cost strategies on vessels. This behavioural adaptation to the shipping market demand has led the human element to be regarded as a factor of risk in the activity of commercial vessels. In this context, the increasing incidence of human errors has arisen as a consequence of practices and manning policies established by the managers of shipping companies.

In this paper, the author analyses piracy at sea in Somalia, to provide a general up-to-date vision of the problem which threatens the security of ships sailing in the Gulf of Aden. The pirates' modus operandi, the existing factors behind these punishable acts and the prevailing international response are analysed. Finally the paper reviews how the international community could act in order to tackle the problem with a view to its possible eradication.

In the paperPiracy at Sea: Somalia an Area of Great Concern(Baniela, 2010), a general up-to-date vision of piracy at sea in Somalia was analysed. As piracy at sea has political, socio-economic, security and humanitarian dimensions, the international community requires a thorough approach that embraces a comprehensive and multi-faceted response of effective counter-measures, both onshore and offshore. So as a follow-up to that paper, the objective of this one is to analyse the impact of the current strategy in the struggle against piracy in Somalia carried out by the international community focused solely at sea and to examine the proposals to find a solution to the problem on land.

Statistics and information from the maritime industry show that the continuous advances in the safety of navigation do not reduce the occurrence of shipping casualties. This controversial fact leads the authors to analyse the applicability of the risk homeostasis theory to maritime transportation. With the aim of investigating this matter 2,584 ship incidents, which took place during the years 2005 and 2006, have been recorded and examined. The same variables which the Paris MOU usually employs to identify substandard ships (flag, classification society, age, type and size) have been used in this research to establish their level of safety in an effort to determine the relationship between that level and the occurrence of maritime incidents in the world cargo carrying fleet with appropriate statistical methods.